Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option
★★★★★ monitor_heart Health Score: 77/100 · GoodTata Mutual Fund · Debt · Money Market Fund
₹1,114.52
AUM: ₹33,029 Cr
NAV updated about 2 months ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.18%
Exit Load
Nil
Fund Manager
Amit Somani
Inception
Jan 2013
Benchmark
CRISIL Money Market A-I Index
Sharpe Ratio
-30.95
Std Dev (1Y)
0.21%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.48%
3m
+1.61%
6m
+3.02%
1y
+6.15%
3y
+7.48%
5y
+6.65%
10y
+6.04%
since inception
+0.0%
rate_review TopFund's Take on Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option
Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option holds up reasonably well within the Money Market Fund category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 77/100.
Cost: At 0.18%, the expense ratio is meaningfully cheaper — about 25% below the Money Market Fund category average of 0.24% (based on 64 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -30.95 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.21% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
Similar Funds
Mirae Asset Money Market Fund Direct Growth
Mirae Asset Mutual Fund
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct
Kotak Mahindra Mutual Fund
LIC MF Money Market Fund-Direct Plan-Growth
LIC Mutual Fund
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option
Nippon India Mutual Fund
Kotak Money Market Fund - (Growth) - Direct
Kotak Mahindra Mutual Fund
Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan
Aditya Birla Sun Life Mutual Fund
tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option
The current NAV (Net Asset Value) of Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option is ₹1114.52. NAV is updated every business day after market close by AMFI.
1Y: 6.15% · 3Y CAGR: 7.48% · 5Y CAGR: 6.65%
The expense ratio is 0.18% per annum — the annual fee deducted from your investment to cover fund management costs.
Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option is managed by Amit Somani at Tata Mutual Fund.
Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Tata Money Market Fund- Direct Plan - Daily Reinvestment of IDCW Option is ₹33,030 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.